2000 words REFLECTION PAPER OVERVIEW based on worksheets and assignment that already have been done & letter of last instruction

Financing College Activity Sheet

Career and Schooling Needed Your Answers 1. Ideal job: 2. The average staring salary: Can find on Bureau of Labor Statistics http://www.bls.gov/oes/current/oessrcst.htm 3. What degree will you need in order to obtain your ideal job? 4. How many years of school must you attend?

Cost of School 5.�Using the Net Price Calculator determine your Net Price after grants and scholarships. Each college posts their own calculator. IUUQT���ODFT�FE�HPW�JQFET�OFUQSJDFDBMDVMBUPS��� 6. Multiply the Net Price by the number of years you have remaining

Paying for School 7. Of the above amount, how much are you able to pay for personally? 8. Will your parents be helping to pay? If so, how much? 9. Subtract both your and your parents’ contribution toward the net price. This is the amount you will need to borrow.

Student Loans 10. Do you have student loan debt already? If so, how much? 11. Add existing student loan debt to the about you will need to borrow. This is your total estimated student loan debt.

12. Estimate your monthly student loan payment after completing school. http://www.finaid.org/calculators/loanpayments.phtml 13. How much total interest will you pay?

How does your total monthly student loan payment compare to your expected monthly salary?

Have you ever figured your total cost for school and debt before?

Does this exercise make you want to change some of your decisions about how to pay for college? Please explain.

MechanicalEngineer 51860

MechanicalEngineering 5Years

I havegovernment scholarship notpayback j

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I am lucky that I have SaudischolarshipbecauseIgotgoodgrade in highschoolThus mysalary 3ooo and I donot have topayschool

Mo

It is not becausecollegeinmycountryfor free but if we getgreatgrade inhighschool mygovermentsendus to the U.s andpayforUS